TRANZACT

Fort Lee, United States Founded: 2003 • Age: 23 yrs Acquired By GTCR
Insurance products are distributed directly to consumers via a marketplace.
Annual revenue - Latest available
Total funding - 2 rounds
Employees - Tracked headcount
Investors 6 Known backers
Products 3 Services tracked
Competitors 9 Brand Intelligence

About TRANZACT

TRANZACT is a company based in Fort Lee (United States) founded in 2003 was acquired by GTCR in October 2024. TRANZACT has completed 1 acquisition, including The Credo Group. TRANZACT offers products and services including Marketing Services, Sales Optimization, and Technology Solutions. TRANZACT operates in a competitive market with competitors including Townsquare Media, Tinuiti, AKQA, Prophet and Advantage Solutions, among others.

  • Headquarter Fort Lee, United States
  • Sectors
    Business Services
  • Email
    Locked
  • Phone
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  • Website
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  • Social
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  • Legal Name Mg Llc
Operational Areas
Business Services → Customer Experience & Marketing Services Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Latest Funding Round
    $300 M (USD), Debt – Conventional

    Aug 01, 2016

  • Investors
  • Employee Count
    Not available
  • Investments & Acquisitions
  • Acquired by
    GTCR

    & 3 more

    (Oct 01, 2024)

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Products & Services of TRANZACT

TRANZACT offers a comprehensive portfolio of products and services, including Marketing Services, Sales Optimization, and Technology Solutions.

Product name locked
Category locked
Primary

Drives insurance leads through various marketing channels

Product name locked
Category locked
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Uses analytics to match customers to insurance policies

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Provides data-driven tools for lead routing and efficiency

People of TRANZACT

Headcount 1000-5000
Employee Profiles 143
Employee Profiles
People
Rachel Williams
VP Of Digital Strategy & Operations, Member Experience
People
Boris Donsky
Senior Director, Performance Strategy & Optimization
People
Morris Graves
Sales Team Lead
People
Omar Perez
Performance Manager

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Funding Insights of TRANZACT

Investors in TRANZACT

TRANZACT has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Willis Towers Watson, White Mountains and NewStar Financial.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Technology companies are funded by Recognize through venture capital investments.
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Private equity investments and firm management in Chicago.
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Financial services are provided by NewStar Financial in Boston.
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Investor details for TRANZACT

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  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by TRANZACT

TRANZACT has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include The Credo Group.

Investments
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Investment portfolio details for TRANZACT

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  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

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Acquisitions
Company Name Description Domain Location Founded Year Amount
E-distribution and hosting services are provided to the insurance industry.
Locked Locked 1999 Locked
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Complete acquisition details for TRANZACT

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  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - TRANZACT

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Detailed financials for TRANZACT

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  • Profit trends
  • Statement rows
  • Financial ratios

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Tranzact Comparisons

TRANZACT Primary company
Description
Insurance products are distributed directly to consumers via...
Location
Fort Lee, United States
Founded Year
2003
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for TRANZACT

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Competitors of TRANZACT

TRANZACT operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Townsquare Media, Tinuiti, AKQA, Prophet and Advantage Solutions, among others.

Company Name Domain Founded year HQ Location Description
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Media Company focused on radio broadcasting, live events, marketing solutions
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Digital marketing services including paid search and e-commerce are provided.
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Integrated digital marketing campaigns are developed and executed across channels.
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Brand and marketing consulting solutions provider
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Consumer packaged goods sales and digital marketing services are provided.
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Advertising and marketing services are delivered globally by Interpublic.
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Detailed competitors of TRANZACT

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  • Full company profiles
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Latest news on Tranzact

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Complete news archive for TRANZACT

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  • Source and publication date
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Frequently Asked Questions about TRANZACT

TRANZACT was founded in 2003 and raised its 1st funding round 4 years after it was founded.

TRANZACT is headquartered in Fort Lee, United States. It is registered at Fort Lee, New Jersey, United States.

TRANZACT was established in 2003 and is headquartered in Fort Lee, United States. A marketplace for direct-to-consumer insurance products is operated by the company, serving the health, life, and property and casualty sectors. Subsidiaries such as Cignium, focused on software development and technology services, and TZ Insurance Solutions, a licensed insurance producer, are included in its structure. Consumers are reached through marketing and sales efforts in these industries.

TRANZACT's top competitors include S⁴Capital, Townsquare Media and Tinuiti.

TRANZACT offers Marketing Services, Sales Optimization, and Technology Solutions.

TRANZACT has made 1 acquisition, including The Credo Group.

TRANZACT has 6 investors. Key investors include Willis Towers Watson, White Mountains, NewStar Financial, Recognize, and CD&R.

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